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31820563
31821610

135-31 Kew Gardens Road, New York, NY 11418

NI
786-246-1709
Real Estate Concept Group Inc
Listed by Real Estate Concept Group Inc
$2,499,000
45 days on market
Updated 5 days ago

135-31 Kew Gardens Rd

Details
APN 09616-0006
Property Type Hospitality, Retail (+1)
Sub Type Traditional Office, Storefront (+14)
Square Footage 3,000
Units 10
Cap Rate 6.8%
NOI $170,000
Price per SqFt $833
Year Built 1920
Buildings 1
Stories 3
Parking Spaces 1 spaces
Parking Per SqFt 0.33

Hospitality | 6.80% CAP

Marketing description

Prime commercial property located at 135-31 Kew Gardens Rd in the heart of Kew Gardens, Queens. Ideally situated just steps from major transportation, including subway and LIRR, and in close proximity to Queens Boulevard, Hillside Avenue, and Jamaica Avenue. The property was fully renovated in 2018, featuring new plumbing, electrical wiring, flooring, doors, windows, and roof, offering a turnkey, low-maintenance asset. Strategically positioned near the Queens court system, including Criminal Court, Family Court, Supreme Court, and Landlord-Tenant Court, making it ideal for legal, professional, or office users. The property is fully occupied with established professional tenants, providing stable in-place income. Can be delivered vacant, offering flexibility for owner-users or repositioning. Can be delivered vacant  Do not disturb tenants. Showings by appointment only.

Investment highlights

Fully Renovated Office Space – Prime Kew Gardens Location

Turnkey, fully renovated office space available at 88-04 136 Street, Queens, NY. Ideally located just one block from the train station and minutes from Queens Blvd, Hillside Ave, and Jamaica Ave.

Positioned in the heart of the legal district, within close proximity to Criminal Court, Family Court, Supreme Court, and Landlord-Tenant Court — ideal for attorneys, paralegals, and professional offices.

Property Highlights:

  • Fully occupied, professional environment
  • 24/7 tenant access
  • High-speed WiFi included
  • Conference room access
  • Kitchenette
  • Move-in ready

Perfect for professionals seeking a convenient, all-inclusive workspace in a high-demand location.

Contact: Nixon 786-246-1709

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Listing Contacts

NI
786-246-1709
Real Estate Concept Group Inc
Listed by Real Estate Concept Group Inc

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$170,000.00
$14,166.67/mo

Valuation Metrics

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DSCR
6.8%
Cap Rate
6.8%
ROI

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